Alphabet Inc. $GOOGL Shares Bought by Swiss Life Asset Management Ltd

Key Points

• Swiss Life Asset Management Ltd increased its stake in Alphabet (GOOGL) by 5.0% in Q3 to 2,135,432 shares worth $519.1 million, representing 2.7% of the fund’s portfolio and Alphabet’s fourth-largest holding.
• Alphabet beat estimates last quarter, reporting $2.82 EPS versus $2.57 expected and $113.83 billion in revenue versus $111.24 billion, and analysts maintain a "Moderate Buy" consensus with an average target of $367.18.
• Notable insider and institutional activity: insiders sold 2,110,165 shares valued at $118.13 million over the past 90 days (including sales by John Kent Walker and 2017 Gp L.L.C.), and roughly 40.03% of the stock is owned by institutional investors.

Swiss Life Asset Management Ltd grew its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,135,432 shares of the information services provider's stock after acquiring an additional 101,080 shares during the period. Alphabet accounts for 2.7% of Swiss Life Asset Management Ltd's portfolio, making the stock its 4th largest holding. Swiss Life Asset Management Ltd's holdings in Alphabet were worth $519,124,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Financial Gravity Companies Inc. bought a new stake in shares of Alphabet during the second quarter worth $31,000. iSAM Funds UK Ltd acquired a new stake in shares of Alphabet in the third quarter valued at $53,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet in the third quarter valued at about $53,000. Corsicana & Co. bought a new position in shares of Alphabet in the third quarter valued at about $54,000. Finally, Sellwood Investment Partners LLC acquired a new position in Alphabet during the 3rd quarter worth about $63,000. 40.03% of the stock is owned by institutional investors and hedge funds.

Alphabet Stock Down 2.0%

Shares of NASDAQ:GOOGL opened at $301.00 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market cap of $3.64 trillion, a price-to-earnings ratio of 27.84, a P/E/G ratio of 1.80 and a beta of 1.10. The company has a 50 day moving average of $317.62 and a 200-day moving average of $292.57. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. On average, sell-side analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet's dividend payout ratio is 7.77%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Moffett Nathanson raised their price objective on shares of Alphabet from $305.00 to $350.00 and gave the company a "buy" rating in a research report on Thursday, February 5th. Cantor Fitzgerald reiterated an "overweight" rating and set a $370.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Citizens Jmp reiterated a "market outperform" rating and set a $385.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Jefferies Financial Group increased their price target on shares of Alphabet from $365.00 to $400.00 and gave the company a "buy" rating in a research note on Monday, February 2nd. Finally, UBS Group set a $348.00 price target on shares of Alphabet and gave the company a "neutral" rating in a report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $367.18.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hired Jasjeet Sekhon, Bridgewater’s chief scientist, as chief strategy officer — a high‑profile talent win that reinforces Alphabet’s DeepMind AI bench and long‑term product roadmap. Exclusive: Bridgewater's chief scientist Sekhon to join Google's DeepMind AI unit
• Positive Sentiment: High‑profile endorsement: Elon Musk tweeted that Google will “win the AI race in the West,” a bullish signal for market perception of Alphabet’s AI leadership. Elon Musk Says China Will Win The AI Race, But Here's Where SpaceX Will Win
• Positive Sentiment: Product momentum: Google’s new “Stitch” AI design features are pressuring rivals (e.g., Figma’s stock fell), underscoring expanding addressable market for Google’s AI tools. Figma's stock drops 11% in two days after Google releases 'vibe design' product
• Positive Sentiment: Market commentary highlights Alphabet’s operational strength (consecutive earnings beats, Cloud acceleration), supporting the bullish analyst consensus and relative outperformance among mega‑caps. 2 Tech Giants Holding Their Ground While the Market Slides
• Neutral Sentiment: Insider sales disclosed: CEO Sundar Pichai sold ~32,500 shares (~$10M) and Director John Hennessy sold a small stake — notable but small relative to total insider holdings; monitor if these continue. Insider filing: Sundar Pichai sale
• Neutral Sentiment: Short‑interest data in the feeds appears anomalous/zero and provides no clear signal (no days‑to‑cover build reported).
• Neutral Sentiment: Competitive takes: Analysts compare Snowflake and Alphabet on cloud analytics — SNOW’s momentum is notable but doesn’t negate Google Cloud’s growth trajectory. Snowflake vs Alphabet: Which Cloud Analytics Stock Has an Edge Now?
• Negative Sentiment: Investor concern about massive hyperscaler AI spending — analysts flag $410B+ capex across hyperscalers and question near‑term returns, a theme that can pressure tech multiples including GOOGL. Forget the War Headlines: This Is the Real Reason Tech Stocks Are Struggling
• Negative Sentiment: Valuation debate persists: coverage notes shifting investment story as AI deals and capex raise questions about near‑term upside despite solid fundamentals. How The Alphabet (GOOGL) Investment Story Is Shifting With AI Deals And Valuation Questions

Insider Buying and Selling

In related news, insider John Kent Walker sold 47,574 shares of the company's stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,110,165 shares of company stock valued at $118,134,117 over the last 90 days. Company insiders own 11.64% of the company's stock.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google's core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google's consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

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